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Monday, October 23, 2017

Industry

US-based electric car company Tesla recently presented a written opinion against the ITC's safeguard investigation into import solar cells and modules.
Negative Impact on Business
18 October 2017 - 4:45pm
According to the US International Trade Commission (ITC) on October 17, US electric car company Tesla recently filed an objection against the ITC's safeguard investigation into import solar cells and...
The plant of China-Korea Petrochemical, the joint venture formed by SK Global Chemical and China Petroleum & Chemical Corp. (Sinopec), the largest petrochemical company in China.
‘China Insider’ Strategy
18 October 2017 - 1:00pm
SK Innovation Co., South Korea's top oil refiner, announced on October 17 that China-Korea Petrochemical, the joint venture formed by its affiliate SK Global Chemical Co. and China Petroleum &...
The Ministry of Oceans and Fisheries (MOF) of Korea will sign an agreement to join the Asia Cruise Cooperation (ACC) as a representative of South Korea’s ports of call.
For Lowering Reliance on China
18 October 2017 - 12:45pm
The South Korean government is to establish a cruise alliance with Southeast Asian countries to diversify the domestic cruise market. The Ministry of Oceans and Fisheries (MOF) announced on October...
The total exports from South Korea increased 16.4% year on year to US$375.1 billion during the same period.
More than 16% Increase
18 October 2017 - 12:30pm
The Ministry of Trade, Industry & Energy analyzed WTO data and announced on October 17 that the global total commodity exports added up to US$10.5 trillion, up 9% from a year ago, for the first...
New standards for the display resolution measurement method is expected to be set up based on the proposals made by Korean companies such as Samsung Electronics and LG Electronics.
New Standard
18 October 2017 - 11:30am
According to industry sources on October, the International Committee for Display Metrology (ICDM) will hold a general meeting next February and set new standards based on the display resolution...
Domestic battery manufacturers such as LG Chem and Samsung SDI have been struggling in the Chinese market due to the Chinese government’s retaliation over the deployment of the U.S. Terminal High Altitude Area Defense (THAAD) missile system.
Hopes and Concerns Mixed
18 October 2017 - 11:15am
As Global automakers, which use South Korean batteries, are making a move to set up their electric car production plants in China, a new door has been opened for domestic battery manufacturers that...
A day view of Sungai Brunei Grand Bridge.
First Construction in Brunei
17 October 2017 - 4:30pm
Daelim Industrial held a ceremony in honor of the opening of the Sungai Brunei Grand Bridge, the first cable-stayed bridges built by the contractor, in Bandar Seri Begawan, the capital of Brunei on...
The ad image of CJ CheilJedang's Bibigo brand.
TV Ad of Korean Cuisine
17 October 2017 - 4:30pm
CJ CheilJedang's Bibigo will begin its television advertising in the United States from October 19. This is the first time for a brand dedicated to Korean cuisine to air its commercial throughout the...
The aerial view of Daesang Corp.’s bio plant.
L-Histidine Development
17 October 2017 - 4:15pm
South Korea’s food making conglomerate Daesang Corp. announced on October 16 that its business unit (President Chung Hong-un) has successfully developed L-Histidine, a high value added amino acid,...
A 1MW carbon dioxide separator demonstration plant completed at Dangjin Thermal Power Plant in South Chungcheong Province.
CO2 Separator
17 October 2017 - 4:00pm
Korea Electric Power Corporation (KEPCO) said on October 16 that the company held a ceremony in honor of the completion of the world's largest 1MW carbon dioxide separator demonstration plant at...
A bird’s-eye view of nuclear plant in Moorside, the U.K.
Regardless of Nuclear Phase-out Policy?
17 October 2017 - 3:30pm
The Korean government began to draw up a financial plan to support the KEPCO in winning an order for a nuclear power plant in the UK. It is said that the government may have launched an exit strategy...
Korea’s ICT exports in September of this year were the highest-ever monthly record of US$19.26 billion, posting a 32.6% increase year on year.
Record High Export Repeated
17 October 2017 - 2:00am
The Ministry of Science and ICT and the Ministry of Trade, Industry and Energy (MOTIE) announced on October 16 that Korea’s ICT exports in September of this year were the highest-ever monthly record...

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